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Regd. 10833
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Loan Against Property

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  • Loan Against Property
LOAN AGAINST PROPERTY
Max. Up to 2,00,000/-

Society provides financial support instantly in case of urgent needs of member in the form of Loan Against Property loan as per the following details:

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Best loan interest

Easy Process

Custom Tenure

Interest Rate
15% p.a. (1.25% p.m) extra (Reducing Balance on Loan against Property )

LOAN ELIGIBILITY

  • The applicant must be a member of the Society
  • Share Money and Compulsory Deposit (CD) shall be Rs. 20,000/- each deposited into the account of the member.
  • Member must have completed at least 6 months.
  • 2 Guarantors (Guarantors shall be the existing member of the society and should not be a defaulter)

    • DOCUMENTS REQUIRED

  • Photo Id Proof (Any like Voter ID Card, Aadhar Card, Pan Card etc.)
  • Address Proof (Water/Electricity bill, Compulsory)
  • Rent Agreement (In case of Tenant and Electricity/Water Bill of the Landlord)
  • Income Proof (3 years ITR, Salary Slip, Affidavit)
  • 2 Latest Passport Size Photo.
  • 3 A/c Payee Cheque (CTS Cheque)
  • Original documents of the Registered Property Papers to be mortgage.
    • LOAN TENURE & CHARGES
  • Loan Tenure will be max. of 60 months (5 year)
  • Non-payment of the instalment on Due date will incur 3% penalty interest extra to       the member.
  • Loan processing charges shall be applicable.
    • Other Schemes
    Apply for Loan